NOMINATION OF CARGO
In an export import trade, if the terms of delivery are on ex-works basis, the carrier of goods is decided by overseas buyer. He nominates a carrier to pick up goods from supplier’s factory and arranges to get the goods at his place.
The carrier can be a freight forwarder, consolidator or any other transport operator. Once after shipment is ready at supplier’s premises, the supplier informs buyer accordingly. The overseas buyer appoints a carrier to move goods from the seller’s premises to his location.